Sharlene has just put a down payment on a lot in a small subdivision. There are 24 lots in the subdivision, and all are approximately 0.3 acres in size. Four builders havebeen contracted by the subdivision manager to each build six homes in order to finish the subdivision in 6 months. Sharlene's uncle is one of the builders contracted bythe subdivision manager. What is the probability that Sharlene's uncle will be the builder that builds her house? Round your answer to two decimal places, if necessary.

To determine the probability that Sharlene's uncle will be the builder of her house, we can use the…

Answered: Sharlene has just put a down payment on…

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.6P

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Your workforce in the sales department consist of 30 workers. 10 are baby boomers born between 1945 and 1964, 10 are Generation X born 1965-1980, and 10 Generation Y born 1981-2000. You are installing a computerized system. This will replace the old system of hand written reports and phone call generated leads. This new system will generate sales leads, require all reports to be made on mobile devices and the system will operate 24/7. How do you expect each age group to respond and how do you overcome obstacles?
An estate agent advertises its houses in two media; Daily Graphic and Ghanaian Times. The agent believes that there is a relationship between the sales S and the amounts spent on the two advertising media. The relationship is given by; where, d is the amount spent in Daily Graphic and g is the amount spent in Ghanaian Times. The estate’s agent fee is 12½% and this includes the cost of adverting. If the agent has planned to spend only 200 thousand Ghana Cedis on advertisement, show how it should be allocated between the two media in order to maximize net profit.
15. A city mayor decides to construct a new bridge over the major river in the town. The estimated life of such a structure will be 20 years. There is a 70% probability that the total initial costs (consulting fees and construction) will be $800,000 and a 30% probability that such costs would be $1 million. There is 100% probability that the maintenance costs would be $30,000 every 5 years. How much money should the city borrow now in order to carry out the entire project including maintenance? The interest rate is 5%.
If a design will will it be perfect for everyone
Exercise 7.3 An insurer issues a whole life insurance with sum insured $500 000, with premiums payable quarterly, to (70). (a) Calculate the net premium policy value at time 10 assuming that the death benefit is payable at the end of the quarter year of death.
Young MBA Erica Cudahy can invest up to $20,000in stocks and loans. Each dollar invested in stocksyields $0.08 profit, and each dollar invested in a loanyields $0.13 profit. At least 40% of all money investedmust be in stocks, and at least $7000 must be in loans.Determine how Erica can maximize the profit earnedon her investments.
what is the risk
True/ False The value of an investment can be determined by the rate or return.
What is the decision rule? when is it used?
When is it necessary to use factorial design
Please find the value of a APS when APC is 0.44
Typed Plzzzz And Asap Thanks

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